Unemployment Taxes
Indiana doles out $60 million interest payment to feds
October 8, 2011
IBJ StaffThe state owes $2 billion in federal unemployment insurance debt.
MoreIndiana unemployment insurance overhaul continues
September 29, 2011
Associated PressWorkers taking voluntary buyouts will no longer be eligible for state unemployment benefits in Indiana beginning Saturday,
and severance pay will be counted against unemployment payouts.
MoreBusiness groups say legislative session among best
May 2, 2011
Francesca JaroszVictories include a reduction in corporate income taxes, an overhaul of the state’s unemployment insurance system, and
the weakening of an immigration bill that initially resembled a controversial Arizona law.
MoreDaniels signs jobless-fund bill that unions fought
February 24, 2011
Associated PressIndiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana's debt-ridden unemployment fund that labor
unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.
MoreLawmakers eye bonds for debt relief
February 12, 2011
Francesca JaroszState lawmakers are exploring the idea of paying back more than $2 billion in federal debt for unemployment insurance by issuing
tax-exempt bonds.
MoreIndiana moving ahead with plan to fix jobless fund
February 10, 2011
Associated PressLegislators aren't holding up a plan to fix Indiana's debt-ridden unemployment insurance fund as they wait to see
whether the federal government will put off charging the states interest on what they owe.
MoreIndiana loans for jobless to hit businesses Jan. 1
October 14, 2010
Associated PressThe state will begin paying millions of dollars in penalties and interest to the federal government next year because it has
borrowed nearly $2 billion to pay for jobless benefits.
MoreNew jobless claims tick down slightly
September 2, 2010
Bloomberg NewsInitial jobless claims fell by 6,000, to 472,000, in the week ended Aug. 28, in line with the median forecast of economists
surveyed by Bloomberg News, Labor Department figures show.
MoreState chamber, manufacturers lobby for unemployment debt relief
April 3, 2010
IBJ StaffTwo of Indiana’s most influential business advocates are lobbying Congress for relief from the state’s fast-growing
Unemployment Insurance Trust Fund debt.
MoreYear delay in unemployment tax hike won't satisfy Uncle Sam
March 20, 2010
Peter SchnitzlerHoosier legislators are crowing about the deal they just brokered to delay a $400 million state tax hike meant to shore up
Indiana's bankrupt Unemployment Insurance Trust Fund. Here's what they're not touting: the mandatory federal tax increases
every single business in Indiana now faces the next three years.
MoreBiz leaders relieved over one-year payroll tax-hike delay
March 15, 2010
Peter SchnitzlerLegislators postponed a $400 million tax hike to shore up Indiana's bankrupt Unemployment Insurance Trust Fund, but state's
most
troubled employers still face automatic payroll tax hike this year.
MoreState lawmakers remain divided; deal by Sunday in doubt
March 12, 2010
Associated PressThe impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session
into the weekend. "Nobody is talking right now," says one legislator.
MoreTalks resume at Statehouse after brief impasse
March 9, 2010
Associated PressNegotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week.
MoreIndiana lawmakers still hoping to adjourn Thursday
March 3, 2010
Associated PressLawmakers are close to a compromise on a work-site guns bill, but remain farther apart on several other issues.
MoreIndiana House OKs tax-increase repeal, jobs bill
February 24, 2010
Associated PressThe Indiana House approved legislation Wednesday that would repeal an unemployment-insurance tax increase and approved a package
of tax credits and other incentives designed to create jobs.
MoreHouse panel OKs delay in unemployment tax hike
February 17, 2010
Associated PressAn Indiana House committee endorsed legislation Wednesday that would delay for one year increases in taxes that employers
pay into the state's bankrupt unemployment insurance fund.
MoreGovernment reform, unemployment taxes chug through Legislature
February 6, 2010
Kathleen McLaughlinKey measures cleared their chambers of origin by the Feb. 3 deadline.
Key business issues clear mid-session hurdle
February 3, 2010
Kathleen McLaughlinThe first half of a short session will close Wednesday, meaning bills must have passed out of either the House or Senate to
stay alive. Legislation regarding unemployment taxes and township-government reform easily met that deadline.
MoreIndiana Senate OKs bill to delay jobless-tax hikes
January 12, 2010
Associated PressThe Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face
hurdles in the Democrat-led House.
MoreIndiana improves in business tax ranking
September 25, 2009
IBJ StaffIndiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved
the state
up two places to 12th.
MoreIndiana expects jobless fund troubles until 2015
September 9, 2009
Associated PressIndiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles
than projected when a law designed to start fixing the system was enacted in April.
MoreCritics: Tax hike 'defies logic'
May 4, 2009
Peter SchnitzlerCritics say the Legislature's plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of
the financial
burden on already ailing businesses with the least ability to pay.
MoreJobless-fund plan a good solution
March 30, 2009
Indiana lawmakers are stuck between the proverbial rock and a hard place when it comes to fixing the state's bankrupt unemployment
insurance fund.
MoreHorse trading key to solving unemployment deficit
March 23, 2009
Ed FeigenbaumIn the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
MoreThese are leaders?
March 9, 2009
Whether it's structuring local government to fit the 21st century, financing sports stadiums, achieving property tax reform
or putting the state's unemployment fund on sound footing, our leaders consistently show their failure to lead.
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City-County Councilor Angela Mansfield and Bob Lutz have a case of wishful thinking.
They obviously don't really care about the cost.
They should.
Extending Federal Benefits to Same-Sex Couples Will Cost $898M, CBO Says
http://www.foxnews.com/politics/2009/12/22/extending-federal-benefits-sex-couples-cost-m-cbo-says/
Brett, be careful what you lie about, the truth always comes out.
"IMS's George Honored: Tony George, Indianapolis Motor Speedway president and chief executive officer, received the inaugural Pioneering and Innovation Award at the Autosport Awards Dec. 5 in London for his leadership in the development of the Steel and Foam Energy Reduction (SAFER) Barrier. George received the award at the annual gala at the Grosvenor House on behalf of the creators of the SAFER Barrier from Prince Salman Bin Hamad Al Khalifa, the leader of the Bahrain International Grand Prix circuit. This is the fourth major award that has been presented to honor George and the SAFER Barrier development team. The SAFER Barrier also received the Louis Schwitzer Award, SEMA Motorsports Engineering Award and GM Racing Pioneer Award in 2002. The SAFER Barrier was installed in all four turns of the Indianapolis Motor Speedway a pioneer in safety for drivers, cars and tracks -- in time for the 86th Indianapolis 500 in 2002. It since has been installed at more than a dozen other tracks, and the latest iteration will be installed at the Speedway in the spring.(IMS PR), see more on my Indy Track News page.(12-7-2004)"
As far as the cart safety team, I cannot find anything on its date of creation. The Delphi Safety team was created in 1996. For some reason there is not much info out there on defunct racing series.
Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!